In a landmark move that reinforces Dubai’s leadership in the real estate sector and harnesses cutting-edge technologies to advance property investment, Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the ‘Prypco Mint’ platform. The initiative is being implemented in partnership with Prypco, in collaboration with the Virtual Assets […]
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from their customers instantly, securely, and seamlessly with no IBAN required. The new Aani Instant Payments solution allows Mashreq’s SME customers to generate a link or […]
Dubai, UAE – Ragilly today announced a new strategic partnership with Visa, a world leader in digital payments, designed to revolutionize business-to-business (B2B) payments and invoice financing through an innovative Business Payment Solution Provider (BPSP) platform Finigenie. This transformative offering is set to empower businesses in the UAE by digitizing and optimizing their vendor payments, […]
Dubai, UAE – Loyalty rewards have long sat idle on corporate ledgers — expiring quietly, trapped inside walled gardens. A new partnership between Fuze, a prominent digital asset infrastructure firm, and Gennius Global Hub, a rewards tokenization specialist, aims to liberate them, turning once-stagnant points into tradable liquid assets with universal acceptance. At the heart […]
Source: Forbes Middle East Dubai-based business-to-business (B2B) spend management platform Qashio has raised $19.8 million in its latest funding round, combining equity and non-equity financing. Latest funding round The round was led by existing investor Rocketship, a Silicon Valley venture capital firm, with participation from ABN Ventures, MITAA, Oneway VC. Further, new strategic investors, including […]
Abu Dhabi, UAE – Abu Dhabi’s drive to be a global tech leader took another leap forward today as Changer, a secure digital asset custodian and Bitgrit, a global startup working to democratize AI, signed a landmark partnership. This partnership is set to dramatically advance the Distributed Ledger Technology (DLT) Foundation ecosystem in Abu Dhabi Global […]
Abu Dhabi/Dubai – May 27, 2025 — In a groundbreaking announcement that cements the UAE’s position as a global AI powerhouse, OpenAI has confirmed that all residents and citizens of the United Arab Emirates will soon enjoy free access to ChatGPT Plus, the premium version of its widely used AI chatbot. The move is part […]
For breaching common reporting standard regulations, foreign account tax compliance regulations. ADGM’s Financial Services Regulatory Authority Fines 23 Entities for Breaching Common Reporting Standard Regulations, Foreign Account Tax Compliance Regulations Abu Dhabi, 26 May 2025: The Financial Services Regulatory Authority (FSRA) of ADGM imposes penalties totaling AED 610,000 on 23 entities for contraventions of the […]
Interview with Arnulfo Relampagos, Manager – Assurance & Operations, Swift Advisory. What prompted Swift Advisory to specialize in financial consulting for crypto? It really began with some of our existing clients who were already working in crypto and digital assets. They were looking for support with structuring their operations, reporting accurately, and staying compliant, especially […]
Developed in partnership with Transworld Business Advisors, the platform specialises in mergers and acquisitions and is accessible to investors worldwide. Mohamed Al Musharrkh: The platform reinforces Sharjah’s status as a regional hub for M&A activities in the SME sector. Ahmad Ibrahim: We are confident in the long-term impact this platform will have in enhancing the […]